Indian bond yields rose last week due to an increase in US yields. October saw foreign portfolio investors (FPIs) sell around $500 million in Indian debt, reversing the year-long trend of inflows. Hopes for a December rate cut have faded, with inflation expected to rise in the next print. These developments have delayed the gains for investors hoping to benefit from interest-rate cuts.
Profit From The Past: Lessons from history for investing in cyclical stocks
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